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Crawler Excavator Market

The Global Crawler Excavator Market size was USD 32.0 Billion in 2018 and is expected to witness 4.6% CAGR during the forecast period.<br><br>

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Crawler Excavator Market

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  1. Crawler Excavator Market www.marketresearchfuture.com

  2. Market Overview: Crawler Excavator Market size was valued at USD 27.4 Billion in 2018, which is expected to witness 4.2% CAGR during the forecast period. The Global Crawler Excavator Market is expected to witness sustainable growth during the forecast period owing to the growth of the construction industry and the improvement in the global economy. Moreover, rapid industrialization and urbanization in emerging economies, such as China, India, and Japan are expected to contribute significantly to the growth of the market. Browse Complete Report Details: https://www.marketresearchfuture.com/reports/crawler-excavator-market-8533

  3. Regional Analysis: Asia-Pacific accounted for the largest market share, followed by North America and Europe, which is expected to witness the highest growth rate during the forecast period. This can be attributed to the growth of the building & construction industry, mainly in emerging economies such as China and India. The rise in the number of construction projects in Asia-Pacific has further boosted the market growth.China is one of the leading countries in Asia-Pacific. The growing industrialization and increased population have fueled the demand for crawler excavators in the country. Moreover, in 2016, the country dominated the global mineral production with a 25% share. China is the leading consumer of commodities and mineral products, such as coal and iron ore.Middle East & Africa is anticipated to be the fastest-growing region in the overall crawler excavator market. The potential for the mining industry in this region is immense. In Africa, infrastructure construction is critical for the continued growth of the mining industry. The rapid growth of the mining industry is driving the crawler excavator market in the region.

  4. Scope of the Report: This study provides an overview of the global crawler excavator market, tracking two market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global crawler excavator market by type, application, and region.

  5. Key Players : The Prominent Players operating in the Global Crawler Excavator Market are Liebherr (Switzerland), J C Bamford Excavators (UK), AB Volvo (Sweden), Caterpillar (US), Hitachi Construction Machinery (Japan), Doosan Corporation (South Korea), CNH Industrial (UK), Deere & Company (US), and Komatsu (Japan). Read More: https://www.marketresearchfuture.com/press-release/crawler-excavator-market

  6. Contact: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com

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